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“Silver Tsunami” To Create Urgent Workforce Shortages By 2032, Analysts Predict

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Baby Boomers continue to retire at unprecedented rates, leading researchers to say the workforce will experience large labor shortages in the coming years. Since 2020, over 80% of the 5 million workers who have left the U.S. job market are older than 55 — a trend analysts call the “Silver Tsunami.”

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CVS Latest To Appoint Veteran CEO To Quell Turmoil

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Investors tend to be comforted when someone with a track record comes in,” said Brian Jacobsen, chief economist at Wisconsin-based Annex Wealth Management. “It’s Boeing named aerospace industry veteran Kelly Ortberg as its CEO earlier this year to turn around the planemaker beset by legal and regulatory problems.

2013 147
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7 Apps to Teach Kids About Money

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A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. Meanwhile, only 21 states required a personal finance course for high school students in 2020, according to the Council for Economic Education.

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3 Financial Tips to Consider Before Pursuing Your Passion Full Time

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By 2020, we’d both become full-time entrepreneurs and today, we’re well on track to fully replace our old job salaries by 2022 if not sooner. Most conversations about investing tend to focus on retirement planning and thus a lot of attention is paid to 401(k) and IRA accounts. Open and start funding a brokerage account.

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LinkedIn Co-Founder Reid Hoffman Predicted the Majority of Traditional 9-5s Might Disappear in the Future. Workplace Experts Are Forecasting 4 More Changes  

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If you’re lucky enough to be nearing retirement , your answer might be “nonexistent.” A 2020 ADP research study found that 70% of gig workers are working contract roles by choice because they enjoy the flexibility that comes with the positions. What will your workday look like in a decade?

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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

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The onset of the 2020 pandemic triggered what seemed like a brief yet severe recession. Although this measure aimed to decelerate economic growth to manage inflation, many speculated that the higher interest rates would substantially impede the economy — potentially starting a recession, according to the U.S.

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Uncorking the Dream: Founding Ampersand Estates in Australia’s Wine Country

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That was in September 2020, nine years after Bell left a job with Deloitte in London and moved across the world to work for a small, local firm called Velrada. We went out to find the best winemaker in Western Australia,” she says, adopting that same mantra for their hotel manager and viticulturist. I’m 100% an entrepreneur at heart.”

2019 273